Senior Manager| Statutory Accounting

Job highlights
Identified by Google from the original job post
Qualifications
Bachelor’s degree in Accounting, Finance, or related field; CPA certification required
Minimum of 5 years of relevant experience in statutory accounting
Thorough understanding of statutory accounting principles (SAP), Statutory reporting, and regulatory requirements
Strong analytical skills with the ability to interpret financial data and provide strategic insights
Excellent communication and interpersonal skills, with the ability to effectively collaborate with cross-functional teams
Proven leadership abilities with experience in managing and developing a team
Detail-oriented, organized, and able to prioritize and manage multiple tasks in a fast-paced environment
Proficiency in accounting software, Microsoft Excel; experience with SQL and other Business Intelligence tools
Responsibilities
Position Overview: As the Statutory Accounting Manager, you will play a pivotal role in overseeing the statutory accounting functions within our client's insurance operations
You will be responsible for ensuring compliance with regulatory requirements, managing financial reporting processes, and providing strategic insights to optimize financial performance
Statutory Reporting: Prepare and file accurate and timely statutory financial statements in compliance with regulatory guidelines and requirements
Financial Analysis: Conduct detailed analysis of statutory financial data to identify trends, variances, and areas for improvement
Regulatory Compliance: Stay abreast of changes in accounting regulations and ensure adherence to statutory accounting principles (SAP) and other regulatory standards
Process Improvement: Continuously evaluate and streamline statutory accounting processes to enhance efficiency and effectiveness
Audit Support: Coordinate and facilitate statutory audits conducted by external auditors, ensuring all documentation and reporting requirements are met
Team Leadership: Provide guidance and leadership to the statutory accounting team, fostering a culture of collaboration, professional development, and excellence
Cross-functional Collaboration: Collaborate with other departments, including finance, accounting, and compliance, to support business initiatives and drive strategic decision-making
Special Projects: Participate in special projects and initiatives as assigned by senior management, leveraging your expertise to contribute to the company's success
Job description
Client: Fortune 500 Insurance Company

Position Overview: As the Statutory Accounting Manager, you will play a pivotal role in overseeing the statutory accounting functions within our client's insurance operations. You will be responsible for ensuring compliance with regulatory requirements, managing financial reporting processes, and providing strategic insights to optimize financial performance.

Key Responsibilities:
• Statutory Reporting: Prepare and file accurate and timely statutory financial statements in compliance with regulatory guidelines and requirements.
• Financial Analysis: Conduct detailed analysis of statutory financial data to identify trends, variances, and areas for improvement.
• Regulatory Compliance: Stay abreast of changes in accounting regulations and ensure adherence to statutory accounting principles (SAP) and other regulatory standards.
• Process Improvement: Continuously evaluate and streamline statutory accounting processes to enhance efficiency and effectiveness.
• Audit Support: Coordinate and facilitate statutory audits conducted by external auditors, ensuring all documentation and reporting requirements are met.
• Team Leadership: Provide guidance and leadership to the statutory accounting team, fostering a culture of collaboration, professional development, and excellence.
• Cross-functional Collaboration: Collaborate with other departments, including finance, accounting, and compliance, to support business initiatives and drive strategic decision-making.
• Special Projects: Participate in special projects and initiatives as assigned by senior management, leveraging your expertise to contribute to the company's success.

Qualifications:
• Bachelor’s degree in Accounting, Finance, or related field; CPA certification required.
• Minimum of 5 years of relevant experience in statutory accounting.
• Thorough understanding of statutory accounting principles (SAP), Statutory reporting, and regulatory requirements.
• Strong analytical skills with the ability to interpret financial data and provide strategic insights.
• Excellent communication and interpersonal skills, with the ability to effectively collaborate with cross-functional teams.
• Proven leadership abilities with experience in managing and developing a team.
• Detail-oriented, organized, and able to prioritize and manage multiple tasks in a fast-paced environment.
• Proficiency in accounting software, Microsoft Excel; experience with SQL and other Business Intelligence tools.